The Hindu Business Line : Friday, July 04, 2008

ACCOUNTANCY
Govt will shift to accrual system of accounting
New Delhi, July 3 The Centre has accepted in-principle to gradually move towards accrual basis of accounting. This was stated by the Controller General of Accounts (CGA), Mr V.N. Kaila, at a conference organised by the Institute of ... More

POLICY
Cabinet removes location curbs on industries
The Cabinet on Thursday abolished location-based industrial licensing policy under the Industries (Development & Regulation) Act (IDRA), and thereby, doing away with the requirement of obtaining an industrial licence from the ... More

Cabinet nod for Bill to set up authority on border trade posts
New Delhi, July 3 In a bid to boost India’s border trade, the Government has approved the introduction of a legislation for setting up a central authority to oversee the construction and maintenance of land check posts on the ... More

Cabinet approves second helicopter for Lakshadweep
New Delhi, July 3 The state-owned Pawan Hans Helicopter Ltd (PHHL) is to provide a second helicopter to Lakshadweep Administration which will be used to not only operate inter-island services but also maintain law and order.Briefing ... More

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